This asset is testing a strong support/resistance area of $8.00. We want to see OMG hold $8.00 as support for a further move to the upside with long targets outlined as green dashed lines. RSI is at a good place for a reversal off support.
*Not Investment Advice*
More downside seems likely here as the weekly 50 ema is around $7.60. Then we can start to recover, this was brutal, we bought at $3.60 in my group & sold at $16. Kept initial investment in the coin for the next leg up. GL guys.
OMG dumped more than 50%, this could be the bounce ive been anticipating, love to see this level hold and a move to the upside from here. I did long this want to catch 100% pump, i think the bottom is near if not in already. Join me at your own risk.
Why get subbed to me on Tradingview?
-TOP author on TradingView
-2000+ ideas published
-15+ years experience in markets
-Professional chart break downs
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
🎁Please hit the like...
OMGUSD is at an interesting junction as it passes through 2.618
Price tends towards volatility as it passes through these Fib levels within the circles
I favour price to continue upwards, however there is a chance that price falls as it aligns vertically with the circle
It is also supported currently by a rising support which gives me hope
I ran through the TOP-100 coins. In my opinion, one of the undervalued coins of the OMG Network (#OMG). Technologically, this project can be equated with Polygon (MATIC), they both use Plasma technology (this is an analog of the Lightning Network, but for ETH). Their capitalization differs by almost 8 times, although USDT was minted at OMG last summer, and they...
Never Advice, but with the airdrop coming based on wallet held OMG, plus this setup... I bet we see a quick dip below 14 -- maybe 10-12, then we zip right through to 18ish, then 22ish, if enough pressure comes in... 32.
Don't say we didn't tell you so.
On the m00n this is a hot commodity. Don't get left behind when the rocket launches.
Smoke up, drink up,...
Man, this is an interesting one. OMG could be playing out to have a huge pump! This is one of those second-chance opportunities that we all look for. I will be buying if it hits $10 and if it hits $8. I'm praying that it hits $8 at this point.. For you holder out there, please stay strong. OMG, like most crypto is due for a massive pump!
From the weekly chart we have $OMG forming a cup and handle. I want to see this break the handle early next week. Now maybe someone else can assist me on this target I see a move to about $30... word on the street is this should get explosive and reach $600-$750👀👀👀😮. Now is there anyone else who agrees and can explain the logic I'd love to hear it! But all and all...